2 bedroom flat for sale

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2 bedroom flat for sale

Gorse Hill Way, Newcastle Upon Tyne NE5
£70,000

Our Summary

  • Discover an excellent investment opportunity on Gorse Hill Way, featuring a sitting tenant currently paying £550

Description

This property on Gorse Hill Way is a fantastic investment opportunity, currently rented out to a sitting tenant for £550 per month. The property itself is well-presented and deceptively spacious, featuring an open-plan living room and kitchen with included white goods, two double bedrooms, and a family bathroom with a three-piece suite and shower over the bath. It also benefits from gas central heating and double glazing throughout. Located in the west of Newcastle upon Tyne, the property is close to a range of local amenities, including a shopping centre, fitness centre, doctors surgery, and pharmacy. There are also nearby schools and bus services linking to the city centre and surrounding areas. The property is leasehold with a 125-year lease and annual ground rent and service charges.
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